Food for thaw-t – the weekend papers look at how to survive, or profit from, the cold
It looks like the papers’ obsession with the weather has not abated. As if the snow was not enough to contend with, we are now being bombarded with warnings over the big thaw and potential flooding disasters.
The Independent led the flood warnings with the necessity of insurance being its main focus. And with burst pipes causing on average £60,000 worth of damage, this is clearly a warning not to be ignored. This theme continued into the Independent on Sunday where Chiara Cavaglieri offered tips to protect your home from burst pipes and looks at the best cover.
The Sunday Times put its focus on energy bills as some customers are facing higher bills than ever (and here the finger was pointing well and truly in EDF’s direction) – not really welcome news directly after such a cold snap.
Meanwhile, Ian Cowie from The Telegraph tried to put a positive spin on the weather by looking at where the best investment opportunities lay in frozen Britain. These included everything from the obvious (including National Grid and BP) to the slightly more bizarre (Dominos Pizza). And with more snow on its way this week, investors would do well stock up on power and pizza.
And finally, it looks like Jack Frost really can’t do anything right. While the entire country has come to a standstill over the last few weeks due to the snow, The Observer reported on the issues facing those who rent flats and chalets in ski resorts. They are facing a threat to their investments due to lack of, that’s right, lack-of, snow. If things continue the way they have been, these investors may want to think about relocating their properties to somewhere more suitable – I hear the skiing in Yorkshire is great this time of year…